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3600 East Fletcher Ave Tampa, FL 33613

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Class A student housing asset near the University of South Florida.

Building Details

Year built
2020

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Listing Contact
Ryan Lang
Source: Nmrk

Listing Agent: Ryan Lang

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Overview

Student Housing Near USF Campus

This Class A student housing asset, known as Union on Fletcher, is situated adjacent to the University of South Florida (USF) campus, directly along Fletcher Avenue near the northern entrance. The property is currently 95% occupied for the 2024-2025 academic year and has seen an average effective rent growth of 6.52% year-over-year. The Tampa-St. Petersburg-Clearwater metropolitan area is the 17th largest MSA in the U.S., with a population exceeding 3.3 million. The property offers residents a robust amenity set with 100% bed-to-bath parity amongst all floorplans. USF ranks among the top 50 public universities in the United States for the sixth consecutive year. The university received a record 68,000 applications for Fall 2024, marking a 5% increase from Fall 2023 and an 86% rise over the past five years. With nearly 49,000 students enrolled and only 6,488 on-campus beds available, there is a significant demand for housing, with 42,000 students needing accommodations. Over the past decade, the market has averaged a 96.9% occupancy rate, with approximately 5,187 new beds added during this time.
Location Intelligence

Current Use by Public Records

Union on Fletcher Apartment Rental Agency

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4185726
Latitude
28.0702032

FAQs

What type of property is this?
Apartment building - Class A student housing asset near the University of South Florida.
Where is this apartment building located?
The property is located at 3600 East Fletcher Ave Tampa, FL.
What are key features of this property?
This property features: - Best-in-market location adjacent to the University of South Florida (USF) campus on Fletcher Avenue.; - High occupancy rate (95% for 2024-2025) and strong rent growth (6.52% year-over-year).; - Robust amenity package with 100% bed-to-bath parity.
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